1. Using the information from Nadia, determine the current assets.

	a. $8,850
	b. $29,900
	c. $21,250
	d. $12,400

2. The statement of owners equity should be prepared

	1. after the income statement and before the balance sheet
	2. after the income statement and balance sheet
	3. before the income statement and balance sheet
	4. before the income statement and after the balance sheet

Nadia Company Adjusted Trial Balance December 31, 2014 Cash Accounts Receivable Prepaid Expenses Equipment Accumulated Depreciation Accounts Payable Notes Payable Due on June 30, 2011 Nadia Porter, Capital Nadia Porter, Drawing Fees Earned Wages Expense Rent Expense Utilities Expense Depreciation Expense Miscellaneous Expense Totals 5,130 3,300 420 12,400 700 2,450 1,900 1,475 1,150 975 29,900 2,200 700 3,070 13,000 10,930 29,900